Buyers Market

Buyers Market FALL-ing Rates = Buyer’s Market   I’ve been preparing my clients for mortgage rate cuts in mid-September. This week’s big news was the announcement by the Fed Chairman that they may want to have a larger rate cut — a half point v. a quarter point — given the soft jobs report that came out with only 142,000 jobs added […]
Buydown Rate 2-1 Buydown vs. Price Cut? I interviewed Guaranteed Rate Affinity VP Brett Dewitt regarding the difference between 2-1 buy down paid by the seller vs. reducing the list price of a home. He explains which is better when it comes to the most money saved.
Buyers Market Holiday Home Buying/Selling Pros & Cons Many folks drop out of the real estate market during the holidays, but this may be the best time to purchase a home. Sellers often take their home off the market because they don’t want the hassle of having people through their home during this busy time of year.  As supply drops off during the […]
Buyers Market Inflation drives mortgage rates – not the Federal Government Successful author of Money in the Streets and successful mortgage expert, Barry Habib gave a great presentation to explain interest rates, inflation, recession, housing bubbles and what they mean to consumers who are looking to become homeowners. According to Habib, we need to understand what drives prices — supply and demand.  “The demand side of housing […]
Buyers Market Colorado’s 2023 Q1 & 2 Market Report Series– Episode 1 Consumers are waiting to see how the first quarter of this year shakes out for the real estate market. We went into the holidays with higher interest rates and low inventory. Colorado’s market is strong and often doesn’t follow its regional neighbors. According to Brett Dewitt of Guaranteed Rate Affinity, the state is an outlier […]
Buyers Market Ready to Make a Move in 2023?
Buyers Market Holiday Home Buying Holiday Home Buying Video U.S. News and World Report recently came out with some great insights which I can confirm from my boots-on-the-ground perspective. If you are a buyer still beating the bushes looking for a home, there are some serious advantages to buying a home around the holidays: 1. “There is less competition. This […]
Buyers Market Sellers Helping Buyers — Episode 2 https://youtu.be/Pd3Qrg6RCDshttps://youtu.be/Pd3Qrg6RCDs//youtu.be/Pd3Qrg6RCDshttps://youtu.be/Pd3Qrg6RCDsAdjustable Rate Mortgages (ARMS) are making a come back in today’s market.  Sellers are helping buyers get their dream home by paying down points to get a lower monthly payment the first few years.  Guaranteed Rate Affinity explains how ARMs work in more detail. https://youtu.be/Pd3Qrg6RCDshttps://youtu.be/Pd3Qrg6RCDs//youtu.be/Pd3Qrg6RCDshttps://youtu.be/Pd3Qrg6RCDs
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